Buying a mobile phone only - SIM card separate

[titaniumapple]

Hi, I'm thinking about getting a smartphone using my business account, but paying the pay as you go SIM card (giffgaff, so no contract) personally (to avoid any business/personal call issues).

Is this okay? Are there any potential issues tax/nat ins-wise?

Thanks!

 

[Scalloway]

Expenses and benefits: mobile phones
https://www.gov.uk/expenses-and-benefits-mobile-phones/overview

 

[titaniumapple]

Thanks, I've read through it but still not sure where I stand! If I pay for all of the calls personally, am I allowed to buy the mobile handset only through the business?

Thanks!

 

[Scalloway]

There is no benefit in kind if the company purchases one phone per employee.

 

[titaniumapple]

Thanks, so there are no tax benefits but it's okay to buy the phone (outright, no contract, so full price upfront) using the business account?

 

[Scalloway]

Yes.

 

[titaniumapple]

Great, thanks, appreciated!

 

[Paul Kelly ICHYB]

You will also probably save a good amount of money compared to a phone/service contract.

 

[Julie M Davis]

Sim only deals generally work out cheaper. Just a bigger upfront cost on the handset.